Question

Fit a Beta distribution to the following data. Start from initial guesses shape1=3, shape2=6. 0.18573722 0.41073334...

Fit a Beta distribution to the following data. Start from initial guesses shape1=3, shape2=6.

0.18573722 0.41073334 0.56355831 0.06673358 0.43762574 0.45158744 0.27369696

0.27787527 0.27522373 0.22834730 0.28829185 0.21342879 0.24438748 0.37434856

0.53836814 0.34561632 0.28320219 0.22540641 0.23575321 0.38607398 0.28625720

0.29384326 0.44312820 0.25625404 0.15563416 0.46424265 0.21000100 0.36114007

0.22198265 0.56719777

What is the estimated shape2 ?

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Answer #1

Estimated shape2 for beta distribution is 9.0763738

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